Bittunes is a music sharing & earning platform that monetizes the exchange of digital data as users share songs, using Bitcoin as the primary operational currency but denominating all songs in $US. Bittunes deals directly with the Music Piracy problem, with a carrot not a stick, rewarding artists fairly, and allowing users to earn Bitcoin by distributing music.

Bittunes effectively creates a merit based competitive marketplace for Independent Music. This allows Artists to effectively self-publish.. independent from outdated music industry and legacy financial systems. As each sale occurs the Artist receives their payment instantly, and a selection of previous buyers of that track also share micro earnings.. instantly, anywhere in the world.

The Bittunes app currently has users in more than 120 countries with around 60% of these being Artists, (musicians). There are three classes of users, with 'Music Makers' (Artists), and 'Music Managers' (Service Providers) on the supply side, and ...
Bittunes is a music sharing & earning platform that monetizes the exchange of digital data as users share songs, using Bitcoin as the primary operational currency but denominating all songs in $US. Bittunes deals directly with the Music Piracy problem, with a carrot not a stick, rewarding artists fairly, and allowing users to earn Bitcoin by distributing music.

Bittunes effectively creates a merit based competitive marketplace for Independent Music. This allows Artists to effectively self-publish.. independent from outdated music industry and legacy financial systems. As each sale occurs the Artist receives their payment instantly, and a selection of previous buyers of that track also share micro earnings.. instantly, anywhere in the world.

The Bittunes app currently has users in more than 120 countries with around 60% of these being Artists, (musicians). There are three classes of users, with 'Music Makers' (Artists), and 'Music Managers' (Service Providers) on the supply side, and 'Music Movers' (Buyers) on the demand side. In a very real sense, we have created a '2-sided market', with the potential to expand it's service elements in any direction. (following an iTunes like trajectory with other content types like games etc, or also moving into payment/earning distribution services like bitcoin transfers between users etc)

We built our original application based enabling 'micro-earnings' for music producers and buyers, although this has helped position us in the Blockchain/music space the user interactions and research have showed us that Artists are also very interested in building a following. So, we have drawn from these learnings to devise a number of new features for Bittunes 2.0 that are designed to leverage the relationship between artist and fan (producer and consumer) in new innovative ways.

The business has adapted to changing circumstances and has been able to run very lean, while expanding our global footprint. See: youtu.be/GuvJvoMNSq0
More information

Investors

Nexuslab
Admin
Nexuslab Virtual blockchain start-up programme

Advisors

Jon Matonis
Admin
Peter Kelly
Admin
Wayne Rosso
Admin
Wayne Rosso An outgoing, colorful, creative thinker with vast experience

Recommendations

David Orban Founder at SingularityU Italy Summit

Bittunes approach is attuned to the needs and opportunities offered by the infrastructure of the 21st century. We shouldn't be proud of industry behemoths replicating antiquated business models. We must charge ahead experimenting with exciting new ones. Bittunes represents a clear opportunity for artists, fans, and a larger ecosystem of participants who have real value to add to emerge in a sustainable fashion that promotes a rich tapestry of musical talent, cultivates culture and creates bridges across the world for a truly global civilization.